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This paper analyzes the influence of the structure of collective wage bargaining on direct investment abroad. A wage negotiations model shows that high productive firms benefit from centralized bargaining and invest therefore less abroad than under dezentralized bargaining. An empirical study...
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Diese Studie untersucht den Einfluss des Tarifvertragssystems auf die Entscheidung von Unternehmen, im Ausland zu investieren. Ein Lohnverhandlungsmodell zeigt, dass produktive Unternehmen durch Flächentarifverträge im Heimatland begünstigt werden und seltener im Ausland investieren als bei...
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in aggregate demand, unemployment rate, real wage and labour productivity, which captures key components of the labour … model to identify four structural innovations: aggregate demand, labour supply, wage bargaining, and productivity; (iii …; and (v) indicates their robustness to estimation of the impulse responses with stationary variables or in levels, and via …
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shocks have a positive effect on wages. Exports increase wages for all occupational categories while offshoring has … elasticity of wages with respect to exports and offshoring is higher than in firms with no collective bargaining. Wage gains … associated with collective bargaining are similar across worker categories. Keywords: exports, offshoring, firm-level wages …
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